Adeia is trading 15.29% lower at $17.51 after an earnings shortfall and a reduced 2026 outlook. - Third-quarter revenue was $80.2 million and non-GAAP EPS was $0.21, both below analyst expectations. - Management lowered its 2026 revenue outlook to $375 million–$415 million from $395 million–$435 million, citing uncertainty about when several large, complex licensing deals will close. - The release noted eight signed agreements. Trading volume information was not available in the provided price context or sources reviewed.